Earnings
-
Trends
Amazon Q1 beats on net sales of $75.5B but posts net income of $2.5B, down $1B on a year ago
Amazon has been one of the biggest names synonymous with how the consumer masses are experiencing life under lockdown: its…
Read More » -
Trends
Samsung expects COVID-19 to hurt smartphone and TV sales, but increase demand for memory
In its first-quarter earnings report today, Samsung said it expects the COVID-19 pandemic to continue impacting its business for the…
Read More » -
Finance
Stocks gain despite 6.6M new US unemployment claims
Domestic stocks rose today in the United States, with all major indices opening higher. TechCrunch has slowed its daily coverage…
Read More » -
Finance
Stocks post worst quarter since 2008 financial crisis
The first quarter of 2020 ended with a whimper — with the Dow Jones Industrial Average, S&P 500 and Nasdaq…
Read More » -
Trends
Stocks spike as President Trump declares national emergency
President Donald Trump’s national emergency declaration, which began just a half hour before the market closed, pushed stocks higher Friday,…
Read More » -
Trends
As remote work booms, Slack stumbles
Hello and welcome back to our regular morning look at private companies, public markets and the gray space in between.…
Read More » -
Finance
Stocks sharply rebound as markets rally on expectations of government bailout, testing
As America’s fractured Congress inches closer to an agreement on a comprehensive bailout for the economic hardships businesses and workers are…
Read More » -
Stocks dive on Dow’s worst day since 1987, tech crashes and Bitcoin is no haven
Well, that was terrible. During the day’s wild trading session, the Dow Jones Industrial Average (DJIA) dropped by just under…
Read More » -
Trends
Slack shares plummet 20% after its growth forecast fails to excite investors
Today after the bell, Slack, a popular workplace communication product, reported its FQ4 2020 earnings, the three-month period ending January…
Read More » -
Trends
Tech stocks follow the market lower as Uber and Lyft drop sharply
Stocks listed on American exchanges today fell sharply, erasing their Tuesday rebound and adding to their Monday declines. On a…
Read More »